General Administration of Customs of China (GACC), reports that the country has experienced a 8.70 per cent Y-o-Y surge in its garment imports in January-August ’20 period, valuing $5.44 billion. This surge indicates the fearlessness amongst Chinese consumers o spend on clothing and the sales of clothing are improving on monthly basis. In August’20, the country imported 4.45 per cent more garments than a month earlier
While China’s apparel import has been registering growth, textile importis facing stiff challenges due to piled up inventories. Its imports of textile yarns and fabric imports plunged by 13.70 per cent in the first 8-month period of 2020 to $ 9.15 billion.
Out of total textile yarn imports, cotton yarns contributed majorly by $2.71 billion in January-August ’20 period but with a fall of 6 per cent on yearly basis. The imports of synthetic yarns tumbled by 17.70 per cent to $738.23 million.
As far as August ’20 is concerned, textile imports tumbled by 5.79 per cent to $488.65 million.












